Colloquy Grog Shop

Singles Bar Business Plan

Company Summary

Colloquy Grog Shop is a bar/coffee shop designed to bring together singles and create an environment that allows people to comfortably meet each other. This is done through a structured conversation system that eliminates uncertainty regarding the social dynamic by creating structure through the use of conversation topics assigned to each table. This structure allows people to be feel more comfortable in meeting new people at the bar/coffee shop because the uncertainty of how to act is eliminated, the structure guides the interaction with the people at the table.

The Colloquy Grog Shop will be set up in the hip, upcoming industrial area of NW Portland. This area is a rapidly emerging night stop for the targeted demographic. Because the rented space will be an old warehouse the lease costs are quite reasonable. The tradeoff for the very reasonable lease is slightly higher tenant improvements required at start up.

Computer system with CD-RW, printer, Microsoft Office, QuickBooks Pro and an Internet connection.

15 four-top tables and 60 chairs.

Installation of sinks in the bar area.

Commercial oven and range.

Large counter.

Assorted cook ware and utensils.

Three telephones, fax machine and copier.

Renovations.

Please note that the following items which are considered assets to be used for more than a year will be labeled long-term assets and will be depreciated using G.A.A.P. approved straight-line depreciation method.

Start-up Funding

Start-up Expenses to Fund

$1,150

Start-up Assets to Fund

$118,850

Total Funding Required

$120,000

Assets

Non-cash Assets from Start-up

$50,000

Cash Requirements from Start-up

$68,850

Additional Cash Raised

$0

Cash Balance on Starting Date

$68,850

Total Assets

$118,850

Liabilities and Capital

Liabilities

Current Borrowing

$0

Long-term Liabilities

$0

Accounts Payable (Outstanding Bills)

$0

Other Current Liabilities (interest-free)

$0

Total Liabilities

$0

Capital

Planned Investment

Karen

$40,000

Family and friends

$80,000

Other

$0

Additional Investment Requirement

$0

Total Planned Investment

$120,000

Loss at Start-up (Start-up Expenses)

($1,150)

Total Capital

$118,850

Total Capital and Liabilities

$118,850

Total Funding

$120,000

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